Archive for January, 2017

Oran Park Financial planning superannuation SMSF

SMSF vs Retail Superannuation Funds… Is it right for you?

With so much information around superannuation, it is difficult to understand the in’s and out’s. Is an SMSF cheaper or right for me? What is the difference between my current superannuation account and that of an SMSF? We break it down below.

The pool of superannuation benefits in Australia is increasing at a rapid rate and so are the amount of SMSF’s being established, which make them the new hot topic; however you need to understand the costs and responsibilities involved before committing to this structure.

 

rp-wealth-management-home-header-protect-invest_enjoy

Looking Beyond a Will- Find out what’s involved?

If the newspaper stories about high profile family rifts didn’t get the message across, the personal anecdotes of stress and infighting did. These days, everyone is at least aware of how important it is to have a current Will in place. However, estate planning doesn’t begin and end with a Will.

‘Estate plan’ is a catch-all term that covers every nook and cranny of what happens to your assets after you die. It can include a number of crucial documents, such as:

How to be the CFO of your household

Ever wondered what it would be like to control millions (or even billions) of dollars? For chief financial officers, it’s an everyday reality. The financial controllers of large companies spend their days reviewing income and expenses, working on profit improvement projects, approving expenses, and making tough calls when it comes to company capital. If this sounds stressful to you, it may be because you can’t relate on a personal level. For most people, the household budget is the biggest budget they’ll ever manage – and they simply don’t think of running the household like a company.

You may not realise it, but you’re the de facto CFO of your household. You’re responsible and accountable for what happens with your family finances. The good news is that you can learn from professional CFOs; by applying a few basic principles, you’ll be able to improve your financial position and reduce your money stress.

New changes to Age Pension in 2017

Address

Level 2
351 Oran Park Drive
Oran Park N.S.W 2570

  • Ronald has always gone above and beyond for getting the best for my husband and I. He is always very punctual and helpful in giving advice. Ronald makes us feel comfortable and that no question is a silly one. I would 100% recommend him to anyone.

    Matthew (32) & Yasna Dench (31)
    Regional Sales Manager | Special Education Teacher

  • I have been working with Ronald for over 6 years. During this time, Ronald has been outstanding in his efforts to improve the bottom line of my portfolio. His continued guidance and enthusiasm makes him the perfect adviser and manager of personal finances.

    Sharad Bhasin (54)
    Deputy Harbour Master

  • I found Ronald to be very knowledgeable about all aspect of finance and being very helpful in overseeing my finances and making sure that I will live comfortably for quite a few years to come. his friendly nature comes from deep down and his clients are treated like family. I will not be afraid of recommending Ronald to all my relatives and friends.

    Carmelo Venturini (69)
    Retired

  • Ronald is a very friendly, knowledgeable and competent person, this is shown in every conversation we have had and it is a peace of mind knowing he is in control of my financials. Thank you

    Greg B (35)
    Warehouse Supervisor

  • Ronald at RP Wealth Management offers an invaluable service to my Estate planning clients by providing professional advice about protecting their family and their wealth with different insurance products in the event of a tragedy. Ronald is incredibly knowledgeable and always provides exceptional customer service to his clients.

    Kaisha Gambell (29)
    Solicitor

  • I have had the pleasure of dealing with Ron and have found him to be both knowledgeable and sincere. He is someone that believes that if you do the right thing by people they will do the right thing by you. I would not hesitate to recommend Ron to people that are looking for someone to provide them with an ethical outcome

    Mario Z (32)
    Accountant

    Logo

    Follow us

    Check out our social media pages for more updates from RP Wealth Management